1. Bulk deals, overnight positions & none stop loss
Traders with such habits are taking chances for a possible profit. Good traders should get rid of fluke minds.
2. Excessively trusting/relying on others
Essentially, to trade is to apply your knowledge in practice and obtain profits from it. But traders who excessively trust or rely on
others will attribute their gains/losses to others. As a result, they
can hardly know themselves, nor can they handle difficulties
independently.
3. Being Too Certain of Yourself
Traders should stay alert in the unpredictable market. Those who have limited experience but are certain of their knowledge will easily
get frustrated in failures.
4. Trade what you can't afford
Evaluating the risks of each trading before setting orders. Traders should maintain self-control and stick to their plans.
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